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John Lewis & Partners, commonly known as John Lewis, is a British chain of high-end department stores operating across the United Kingdom, with concessions in Ireland. It is part of the John Lewis Partnership plc , a holding company held in a trust on behalf of its employees as the beneficiaries of the trust. [ 3 ]
Peter Jones & Partners (formerly and commonly known as Peter Jones) is a large department store in central London. It is owned by John Lewis & Partners and located in Sloane Square , Chelsea . The store holds two royal warrants granted by Charles, then Prince of Wales , and Prince Philip, Duke of Edinburgh .
The Sloane Square business was purchased by John Lewis, founder of the eponymous Oxford Street store, after his death. Unlike most other stores owned by the company, which are now branded John Lewis ( Bainbridge , Heelas etc.), Peter Jones has retained its original name.
During the 1850s, John Lewis, later the founder of a rival department store, worked for Peter Robinson, initially as a drapery assistant, but worked his way up to being the youngest silk buyer in London. In 1864 he was offered a partnership in the business, but declined; instead, he opened his own drapery on Oxford Street.
Spedan Lewis became the sole owner in the Oxford Street business after John Lewis died aged 92 in 1928. [14] In 1929, Spedan Lewis signed a deed of settlement, which transferred shares in John Lewis & Co. Limited and Peter Jones Limited to trustees. The profits of the combined business would be distributed to its employees, either as cash or as ...
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John Lewis was born in Shepton Mallet, Somerset, England, and became an orphan at the age of seven.He was brought up by an aunt, Miss Ann Speed. [1] Having served as an apprentice to a local draper from the age of fourteen, he moved to London to become a silk buyer in the capital, working in Peter Robinson's Department Store at Oxford Circus by the time he was 20.
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